Tag Archives: iab-economy

[ad_1] New York CNN  —  Sam Bankman-Fried, the founder of failed crypto exchange FTX, was arrested in the Bahamas on Monday after US prosecutors filed criminal charges against him, according to a statement from the government of the Bahamas. The Southern District of New York, which is investigating Bankman-Fried and …

[ad_1] CNN  —  The House and Senate are expected to pass a short-term extension to avert a shutdown, which would give negotiators more time to try to secure a broader full-year funding deal. Senate Majority Leader Chuck Schumer said on Monday that senators should be prepared to take “quick action” …

[ad_1] New York CNN  —  With his vast crypto empire in ruins, Sam Bankman-Fried is preparing to be grilled by US lawmakers who are demanding answers about how his digital asset exchange, FTX, came unraveled, leaving at least a million customers unable to access their funds. Bankman-Fried tweetedf Friday that …

[ad_1] New York CNN  —  Anya Remy is Christmas shopping for her family on a stricter budget than ever before. Remy, a human resources professional in Maryland, has felt the pain of high inflation in recent months. So, she asked her kids to cut down their Christmas lists and has …

[ad_1] New York CNN  —  Another key inflation measure shows price pressures cooled off last month, a hopeful sign that American consumers may soon see the end of decades-high price hikes. The Producer Price Index, which measures prices paid for goods and services by businesses before they reach consumers, rose …

[ad_1] CNN  —  Lawmakers on Capitol Hill are scrambling to try to fund the government and pass a sweeping defense policy bill before a new Congress is sworn in, but there are signs that both sides have struggled to reach agreement over these key outstanding issues. Government funding expires at …

[ad_1] Hong Kong CNN Business  —  Global traders are increasingly feeling more bullish on China, as they bet the country will gradually unwind Covid restrictions following widespread protests. Multiple cities across China loosened Covid-19 restrictions over the weekend. Starting Monday, Shanghai residents will no longer require a negative Covid test …

[ad_1] CNN  —  Some things have changed in the two weeks since Hakeem Jeffries learned – from listening to House Speaker Nancy Pelosi’s speech, sitting motionless with an intentional blank expression on his face for those who were watching – that she really was going to step aside. His phone …

[ad_1] London CNN Business  —  The European Union has reached a consensus on the price at which to cap Russian oil just days before its ban on most imports comes into force. News of the deal, which had needed approval from holdout Poland, was confirmed on Twitter by the president …

[ad_1] Hong Kong CNN Business  —  Protests this week across China show just how unpopular Beijing’s zero-Covid policy has become. Now, even as the country signals it may loosen pandemic controls, it faces another challenge: Local governments charged with conducting mass testing and enforcing quarantine are running short of cash …